Examples of Capital Reorganisation in a sentence
However, based on the market value of the Ordinary Shares as at 30 March 2006 (the latest practicable date prior to the publication of this document) and the details of the Capital Reorganisation, the Company does not currently expect that the amount of the adjustment to the Exchange Price will be significant.
New Ordinary Share certificates will be issued following the Capital Reorganisation.
The definition of Capital Reorganisation will be amended so that the words “or reserves” are deleted.
Capital Reorganisation As set out in the announcement of the Company dated 1 April 2016, the special resolution in relation to the Capital Reorganisation, which comprises the Capital Cancellation, the Capital Reduction, the Share Premium Reduction and the Increase in Authorised Share Capital, was duly passed by the Shareholders by way of poll at the SGM held on 1 April 2016, and became effective on 17 April 2016.
Without prejudice to Rule 10.1, in the event of any Capital Reorganisation (or the implementation by the Company of a demerger or payment of a super dividend which would otherwise materially affect the value of an Award) the Committee may adjust the number of Shares subject to Awards (including, for the avoidance of doubt, Vested Shares in respect of which any Award has been realised but Shares have not yet been transferred to the Participant) to such extent and in such manner as it thinks fit.